tallsteve

I know all the stories about people reselling Mini's at a profit but are there other cars out there which either don't lose a lot of money, or appreciate in value?

For a further challenge, do any of you know of these cars within the 5-7K price bracket?

Cheers

Steven

CC

Ford Sierra Cosworth, Integrale (Evo)

RB5#295

944 Turbo.

Check the 'Respect the Porker...' thread.

Fen

carl

Any sort of 911.

chrisp

911 do depreciate look at prices of 993 and 996s and boxsters really depreciate, there is thread where a guy had a mate who paid 41K and was sold it for 32K a few months later. 944 also deprecaite there was one in my local papaer for £850 ono a few weeks back and they were the thick end of 25K new back in early 1980s

[Edited by chrisp - 1/1/2003 7:10:16 PM]

chrisp

LOL just read the 5K-7K bit, yep a 911 would be good value if not entertaining and scarey in the wet . Trouble is most 911s start at 10K for a decent one and really need to looking at a 15K one.

[Edited by chrisp - 1/1/2003 7:14:05 PM]

Nev

Just my two pennies worth....Corrado VR6 - I've just picked up a late 95 M reg with 63,000 miles on it for 6K - which I think is fairly reasonable. You've got to be bloody careful though, very easy to disconnect the digital speedo apparently!

Superb car, love it to bits, goes well, good economy for something with a 2.9 litre engine in, and in my opinion looks cracking! Shouldn't depreciate too far hopefully - not that I'm bothered, the way I feel at the mo I'll be keeping it for life!!

davyboy

Most cars depreciate, but they usually hit a point where they hold a stable value at some point.

911 do depreciate look at prices of 993 and 996s and boxsters really depreciate
The guy was talking about spending 7-8 grand, not 30-40! These cars still depreciate less that others as a percentage.

944 also deprecaite there was one in my local paper for £850 ono a few weeks back and they were the thick end of 25K new back in early 1980s

....and I bet that had a full service history leather interior and working air con too? FYI my car was the think end of 40k is the early 90's

Anyway, you could get a good 944S2 for that sort of money.

chrisp

What was the price of a 944 in 1982 Davy ?

davyboy

Why is that relvant?

For that 944 to sell for 850 it must have been the biggest bag of sh!te on the planet.

chrisp

So why is your car relevant it may be the best 944 on the planet just two extremes of the same model doesnt mean they are all worth that and may take months to get the value you want for it when you come to sell it. The 850 car probably was a tired example so what it show how low they can go and a warning that not all 20 year old cars will have a full service history and have been driven by an 80 year old lady to the shops and back once a week .

As you well know if you dont stay on top of these cars they do serious depreciate and become a nail in a short space of time. As you know a guy I know has an early 944 and like yours is an absolute minter so they can be got. He spent ages looking for the right one and eventually got one off a mate of a mate. It is used as a classic though and not run everyday.

It more and more difficult to get hold of good, clean honest examples as they get older. Also as car technology increases and expensive bits wear out it is also becoming less economically viable to fix some of these car if say the gearbox goes or ecu packs in.

Looks like you missed my post about seeing the 5-7K bit .

RB5#295

Don't want to get into am argument, but IMHO the 944 Turbo can be bought for 5-7k (I appreciate your's was more Dave, but it's exceptionally low mileage). You will not see one worth having for less than this figure, nor are you likely to in the near future = depreciation proof.

I bought a 911 in '94 for £15,500. That actual car was sold a year ago for £13,995. That would have been my suggestion #1, had it not been for the £5k-£7k restriction.

The Cossie and Evo are probably just as safe in terms of residuals, but I bet there are single figures of good Cossie's left (and probably none under £7k) and the Integrale is so fragile that it would cost a fortune to keep maintained. Or am I just being prejudiced?

Fen

neilbbb

i had a 911sc and owned it for 2 years....bought for £11,500 and sold for £11,350

now that's inflation proof imho.....

but i do miss it ;-)

chrisp

Thats the problem it would be very difficult to get a good 911 between 5-7K. I agree you should be able to get a very good 944 but its finding one. Cant belive how cheap classic insurnace is and how cheap brake discs and pads are LOL.

RB5#295

It's getting on for 2 years since I waas last looking (this one is either a keeper or my last), but Porsche Club GB, '911 & Porsche World', the titanic.co.uk/944 forum and various independents would be where I'd go. There are more good 944 turbo's out there than things like Cossies, Integrales, M3's or even £7K Scoobies.

davyboy

I expect to loose a bit of cash to be honest. I paid top price for it, and I am sure I will have to wait to get a good price back for it, when ever I sell it.

Some of the ones I looked at when I was buying are still for sale!!!

Hol

iTrader: (1)

The Clio Williams has always been a good steady car if you can get one for the right price first off. The early ones stayed at about 10k for about 2yrs although they did start to drop when the 2 & 3's started to come onto the 2nd hand market.

dome

How about an Audi quattro? If you look after it you shouldn't lose much. More fun than a mini too...

scooby_xt_turbo

I have an Audi Quattro, and apart from being depreciation proof is Huge fun. It's an automotive icon like the impreza and the integrale. After all 4-5 grand is the lowest these cars will get, from now on their prices will be higher as the time passes. all these IMHO.

dome

I've got one too. Fantastic Car. i agree with everything xtturbo says.

Stephen Read

The original Audi quattros are getting very old now and when the go wrong it's expen$ive.

Therefore, they are difficult to sell on and thus it's easy to see a shiny one and kid yourself that it's worth the asking price but when the time comes to see it, you may not find someone as 'gullible' as you they will beat you down on price mercilously. I know, it happend to my brother. There was nothing fundamentally different between the car when he bought compared to when he sold it. In 18 months it had for 10% older and done less than 10% more miles but the selling price was almost 50% less from £8k > £4k

His 15 year old Quattro was a 'great' car but in those days it would have been cheaper to run a nearly new Scoob!

scooby_xt_turbo

IMHO, there's no point spending 8k-10k for an Audi Quattro.
spend 4-5k max and do anything you want on the car. Even if you sell it, there's no chance you'll sell it less than 4k. or you can buy one with a shagged drivetrain for 1800-2000 quid and get yourself a nice RS2 engine/brakes/diffs/gearbox for 2000-3000 grand and enjoy, something which i'm planning to do during easter.

dome

I've owned mine for nearly 2 1/2 years now and I spent 6k on it when i got it. It was one of the best I could find and I have not had any major problems. I couldn't have bought a scooby for the money and I doubt it would have been cheaper to run. Parts are very reasonable if you do your homework. The Audis on classic insurance and i turn 25 next month, i couldn't have insured a scooby for much less than £1200 yet i paid £800 for my 1st year with the quattro and its now down to £580. Also on my regular commute i met at least 5 impreza's in the space of about 10 miles and I like something a bit more exclusive, fantastic though the impreza is.

polarbearit

XT - where can you get an RS2 engine/Brakes/Diffs/box etc for £2-3k? That sounds like an interesting plan

scooby_xt_turbo

Greece that is my friend.... i am from Greece but i live ine UK and my mechanic is one of the top 5 audi/vw/seat/skoda specialists in Greece. And he knows where to find such things.

astraboy

Cossie is fairly good. holding at around 8k value for mine and I bought it two year ago.
astraboy.

Sparky1066

Crappy but I had a Nova GSI about 6 years ago, bought it for £4250 and sold it for £4200 2 years later, and I had loads of calls on it.

negri

i remember that the renault clio williams was the only car to go up in value in the glasses guide a couple of years ago . nice cars if you can find a nice example .

uxg

I reckon the original E30 M3 would be pretty depreciation proof as they have lost as much as they are gonna loose by now and have now attained "classic icon" status which should keep the prices pretty level from now on.

On a side note, in Turkey nearly all cars actually appreciate in price as the economy and hence the value of the Turkish Lira is so ****e. 90% of the time you sell the car for more than you bought it for cos inflation is about 80%. I assume it must be similiar in other countries with crap economies.

Devil's Refugee

Golf GTI MkII 16v seem to hold the market just now